Head to head
FxPro vs IG
FxPro is licensed by FCA in the United Kingdom, CySEC in the European Union and SCB in The Bahamas, and also has an offshore registration. IG is licensed by FCA in the United Kingdom; BaFin in the European Union; FINMA in Switzerland; ASIC in Australia; FMA (New Zealand) in New Zealand; MAS in Singapore; JFSA in Japan; CFTC / NFA in the United States; DFSA in Dubai (DIFC), UAE and FSCA in South Africa. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.
Minimum deposits start at $0 at FxPro and $250 at IG. Both offer negative balance protection and segregated client money.
Facts last checked: FxPro on 20 October 2026, IG on 20 October 2026.
Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.
Broker
Comparing
FxProRaw+ account · United Kingdom
IGUnited Kingdom
Overview
Founded
Not yet checked
1974
Headquarters
London, United Kingdom
London, United Kingdom
Official websites
- fxpro.com
- fxpro.co.uk
- ig.com
- www.ig.com
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
FxPro UK Limited
IG Markets Ltd
Regulation level
Strictly regulated
Strictly regulated
Clients this company serves
UK residents
UK residents (CFDs and share dealing); also international accounts for South African clients
All licences held
- FCA (United Kingdom)
- CySEC (European Union)
- SCB (The Bahamas)
- FSA Seychelles (Seychelles)
- FCA (United Kingdom)
- FCA (United Kingdom)
- BaFin (European Union)
- FINMA (Switzerland)
- ASIC (Australia)
- FMA (New Zealand) (New Zealand)
- MAS (Singapore)
- JFSA (Japan)
- CFTC / NFA (United States)
- DFSA (Dubai (DIFC), UAE)
- FSCA (South Africa)
FSCS for eligible clients of FxPro UK Limited; ICF for eligible clients of the Cyprus company
FSCS up to £85,000 (UK); EdW 90% of a claim up to €20,000 (IG Europe); esisuisse up to CHF 100,000 (Switzerland); none in Australia, Singapore, South Africa or the UAE
Costs
Your monthly cost
$96$9.6 per lot × 10 lots
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Leverage and margin
1:30 on major pairs for UK and EU retail clients; dynamic leverage with no fixed cap on major pairs at the Bahamas company
1:30 on major pairs (UK, EU, Australia)
Retail leverage by asset class
- Major currency pairs: 1:30 (UK/EU); dynamic, no fixed cap (Bahamas)
- Minor currency pairs: 1:20 (UK/EU); 1:500 (Bahamas)
- Gold: 1:20 (UK/EU); 1:10000 (Bahamas)
- Major indices: 1:20 (UK/EU); 1:500 (Bahamas)
- Energies: 1:10 (UK/EU); 1:200 (Bahamas)
- Shares and ETFs: 1:5 (UK/EU); 1:25 (Bahamas)
- Cryptocurrencies: 1:2 (UK/EU); 1:500 (Bahamas)
- Major currency pairs: 1:30
- Other currency pairs: 1:20
- Other commodities and non-major indices: 1:10
- Share CFDs: 1:5
Stop-out level
50% for UK and EU retail accounts; FxPro states 0% for accounts at its global entity
50% (UK and EU retail close-out rule)
Account
Minimum deposit (this account)
$0
No accounts listed
Market execution, raw spread plus $3.50 per side commission (MT4 and MT5)
No accounts listed
Platforms and features
Platforms
- FxPro platform and app
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- IG web platform
- Mobile app
- MetaTrader 4
- ProRealTime
- L2 Dealer
- TradingView
Markets
2,100+ CFDs on forex, metals, indices, energy, futures, cryptocurrencies, shares and ETFs
17,000+ markets, including 80+ forex pairs, indices, shares, commodities and options
Copy trading
No
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked
Deposits and withdrawals
Deposit methods
- Bank transfer
- Local bank transfer
- Debit or credit card
- E-wallet
- Debit card
- Credit card
- Bank transfer
- PayPal
Withdrawal fee
No FxPro fee on deposits or withdrawals; e-wallet withdrawals may be charged if you have not traded
Free by card and bank transfer (UK)
Inactivity fee
None stated; live accounts are disabled after 3 months without activity and can be reactivated on request
None on the UK trading account
Support
Customer support
24/5 by live chat, email and phone
24 hours a day from 8am Saturday to 10pm Friday (UK time), by phone, web chat and WhatsApp
Our notes
Strengths
- UK company authorised by the FCA and EU company licensed by CySEC, both strict regulators
- Client money held in segregated accounts, with negative balance protection for all clients
- Raw+ account costs about $9.60 per lot on EUR/USD, against about $14.90 on Standard
- UK, EU and Swiss companies authorised by strict regulators, with client money segregated and a compensation scheme in each
- Negative balance protection for UK and EU retail clients
- No inactivity, account or card-deposit fees on the UK trading account
- Very wide market range, including spread betting for UK clients
Watch out for
- Clients outside the UK and EU usually join the Bahamas company, with lighter rules and no FSCS or ICF cover
- Leverage at the Bahamas company is dynamic with no fixed cap on major pairs, which magnifies losses
- Live accounts are disabled after 3 months of inactivity
- Says IG International Limited (for clients outside IG's local offices) is licensed by the Bermuda Monetary Authority; we could not confirm it on the BMA register on 2026-10-20 because the BMA website was unavailable.
- The Australian IG trading account does not have negative balance protection; only the limited risk account caps losses
- IG publishes minimum spreads, not typical spreads, so the real cost depends on market conditions
- Minimum deposit varies by region: £250 in the UK, €300 in the EU, CHF 2,500 in Switzerland
Choose at least one broker above to start comparing.
Risk warnings
The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:
- FxPro: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand how CFDs work and whether you can afford to take the high risk of losing your money.
- IG: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Open this comparison in the full tool to share a link with your own accounts and companies chosen.
Other head-to-head pages
- Admirals (Admiral Markets) vs FxPro
- Admirals (Admiral Markets) vs IG
- Alpari vs FxPro
- Alpari vs IG
- AMarkets vs FxPro
- AMarkets vs IG
- AvaTrade vs FxPro
- AvaTrade vs IG
- Axi vs FxPro
- Axi vs IG
- AYA Markets vs FxPro
- AYA Markets vs IG
- CapitalXtend vs FxPro
- CapitalXtend vs IG
- CG FinTech vs FxPro
- CG FinTech vs IG
- CMC Markets vs FxPro
- CMC Markets vs IG
- CPT Markets vs FxPro
- CPT Markets vs IG
- DeltaFX vs FxPro
- DeltaFX vs IG
- ePlanet Brokers vs FxPro
- ePlanet Brokers vs IG
- Errante vs FxPro
- Errante vs IG
- eToro vs FxPro
- eToro vs IG
- Exness vs FxPro
- Exness vs IG
- FIBO Group vs FxPro
- FIBO Group vs IG
- FP Markets vs FxPro
- FP Markets vs IG
- FXCM vs FxPro
- FXCM vs IG
- FxPro vs HYCM
- FxPro vs IC Markets
- FxPro vs IFC Markets
- FxPro vs Interactive Brokers
- FxPro vs Inveslo
- FxPro vs Investizo
- FxPro vs ITBFX
- FxPro vs LiteFinance (LiteForex)
- FxPro vs Markets4you
- FxPro vs OANDA
- FxPro vs OneRoyal
- FxPro vs Opofinance
- FxPro vs Orbex
- FxPro vs Pepperstone
- FxPro vs Plus500
- FxPro vs Saxo
- FxPro vs STB Provider
- FxPro vs Swissquote
- FxPro vs ThinkMarkets
- FxPro vs Tickmill
- FxPro vs Trendo
- FxPro vs Vittaverse
- FxPro vs Wingo Markets
- FxPro vs WM Markets
- FxPro vs XChief
- FxPro vs XM
- FxPro vs XS.com
- HYCM vs IG
- IC Markets vs IG
- IFC Markets vs IG
- IG vs Interactive Brokers
- IG vs Inveslo
- IG vs Investizo
- IG vs ITBFX
- IG vs LiteFinance (LiteForex)
- IG vs Markets4you
- IG vs OANDA
- IG vs OneRoyal
- IG vs Opofinance
- IG vs Orbex
- IG vs Pepperstone
- IG vs Plus500
- IG vs Saxo
- IG vs STB Provider
- IG vs Swissquote
- IG vs ThinkMarkets
- IG vs Tickmill
- IG vs Trendo
- IG vs Vittaverse
- IG vs Wingo Markets
- IG vs WM Markets
- IG vs XChief
- IG vs XM
- IG vs XS.com
Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.
Nothing on this page is financial advice. Read the full disclaimer.